December 18, 2007

Paulson says U.S. mortgage relief plan not a bailout (Reuters)

U.S. Treasury Secretary Henry Paulson listens to a speech in Xianghe, near Beijing, December 12, 2007. (Andy Wong/Pool/Reuters)Reuters – U.S. Treasury Secretary Henry
Paulson, on the second day of a tour seeking to build support
for a mortgage relief plan, said on Tuesday it was not a
bailout for people who made bad decisions.

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